e-ISSN 2231-8542
ISSN 1511-3701
Chong Shyue Chuan, Sia Bee Chuan, Cheong Wah Wan and Farah Waheeda Binti Jalaludin
Pertanika Journal of Tropical Agricultural Science, Volume 25, Issue S, November 2017
Keywords: Assets, retirement income, financial knowledge, financial satisfaction, health, Maslow's hierarchy of human needs
Published on: 7 May 2018
The objective of this study is to identify factors affecting the attainment of ideal retirement income among retirees in Selangor, Malaysia. This study adopted Maslow's hierarchy of human needs to show the relationship between attainment of ideal retirement income and health level, assets owned, financial satisfaction, financial knowledge and will preparation. This was achieved through a survey and stratified sampling of respondents aged 50 years or in Selangor. Results from multiple regression analysis revealed that health level, assets owned, financial satisfaction, financial knowledge and will preparation are positively related to the attainment of ideal retirement income. The findings confirm those of previous studies and offers useful insight for future studies on this topic.
ISSN 1511-3701
e-ISSN 2231-8542